Philippines: Market for Bottles, Jars And Other Containers Of Glass 2025

Market Size for Bottles, Jars And Other Containers Of Glass in the Philippines

The Philippine market for bottles, jars and other containers of glass fell rapidly to $X in 2021, waning by -30% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. As a result, consumption attained the peak level of $X, and then shrank dramatically in the following year.

Production of Bottles, Jars And Other Containers Of Glass in the Philippines

In value terms, glass bottle, jar and container production fell notably to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 152% against the previous year. As a result, production reached the peak level of $X, and then reduced remarkably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from the Philippines

In 2021, overseas shipments of bottles, jars and other containers of glass increased by 27% to X units, rising for the third year in a row after three years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports surged to $X in 2021. Over the period under review, exports posted noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of 75% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Australia (X units) and India (X units) were the main destinations of glass bottle, jar and container exports from the Philippines, together accounting for 92% of total exports. Vietnam, Thailand and France lagged somewhat behind, together accounting for a further 6.9%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +383.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Australia ($X) and India ($X) constituted the largest markets for glass bottle, jar and container exported from the Philippines worldwide, with a combined 92% share of total exports. Vietnam, Thailand and France lagged somewhat behind, together comprising a further 6.9%.

In terms of the main countries of destination, France, with a CAGR of +404.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2021, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2015 an increase of 54% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per unit) and India ($X per unit), while the average price for exports to Thailand ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into the Philippines

In 2021, approx. X units of bottles, jars and other containers of glass were imported into the Philippines; falling by -23.9% on the year before. Over the period under review, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of 70% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, glass bottle, jar and container imports dropped to $X in 2021. Overall, imports, however, enjoyed moderate growth. The pace of growth was the most pronounced in 2016 with an increase of 58% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of glass bottle, jar and container to the Philippines, accounting for a 59% share of total imports. Moreover, glass bottle, jar and container imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), sixfold. The third position in this ranking was taken by the United Arab Emirates (X units), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-9.0% per year) and the United Arab Emirates (-1.1% per year).

In value terms, China ($X) constituted the largest supplier of bottles, jars and other containers of glass to the Philippines, comprising 62% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 9.6% share of total imports. It was followed by Vietnam, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-1.5% per year) and Vietnam (+12.8% per year).

Import Prices by Country

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, picking up by 12% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :